Just more uncertainty until they talk more on Renison strategy as this asset also needs capital investment based on recent MD roadshow. Focus is now more on cash over next 6 months and liquidity more than asset value. Renison may now be run for cash rather than a dvp opportunity which can destroy value. I want more info on Renison strategy. Feel a capital raise may be needed in NY. No rerating until market gets a sense this option can be discounted.
Really poor look this for the continuing directors plus why didn’t new ones look at this before joining.
Just more uncertainty until they talk more on Renison strategy...
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Last
59.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $527.4M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 59.5¢ | $28.79K | 48.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 68322 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 9459 | 3 |
View Market Depth
| Last trade - 10.00am 31/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |